Buyer Driven Market System and Method

ABSTRACT

An electronic negotiation system is set forth. The system includes a first processor adapted to generate and send at least one unsolicited electronic offer from a registered buyer electronic device via a subscriber network device to at least one of a registered seller electronic device and a seller electronic device. The subscriber network device is adapted for operative communication with the first processor and at least one of the registered seller electronic device and the seller electronic device adapted to receive the unsolicited electronic offer. The first processor selectively incorporates screenshot information from a seller URL, which includes any data from the seller URL, in which the unsolicited electronic offer is selectively incorporated and sent to the seller electronic device, or the at least one unsolicited electronic offer is sent to the registered seller electronic device having registered user data stored in the data storage device.

CROSS-REFERENCE TO RELATED APPLICATIONS

This application is a continuation of U.S. patent application Ser. No.12/869,716, entitled “BUYER DRIVEN MARKET SYSTEM AND METHOD”,incorporated herein by reference under 37 C.F.R. §1.78.

BACKGROUND

Early growth and expansion of the United States was greatly affected bythe availability of goods. Goods could be found at stores and tradingposts located in towns or along trails. Goods could be obtained bybuying or trading valuables, such as gold, eggs, or livestock for a bitof flour and some cloth, a fur, tools, or any other available necessity.

As communication avenues have broadened due to advancements intechnology, modern methods of selling goods can now include virtualstores setting up shop via an online store accessible through aninternet connection. Many sellers, or vendors, are exploring effectiveways to sell goods via the internet.

Such advances can permit, for example, internet selling wherepre-selected buyers can ask for a quote from vendors by generating arequest for quote and receiving vendor quotes in response to the requestfor quote.

One such system is discussed, for example, in U.S. Pat. No. 7,043,457 B1to Hansen, which discusses a method and system for managing andevaluating commodities purchasing over a network of distributedcomputing devices. In one embodiment, the method allows a plurality ofbuyers to generate one request for quote and, in response to the requestfor quote, receive a quote from a plurality of vendors. The systemprovides a price normalization routine that allows buyers to evaluateand compare a normalized price for commodity products having differentevaluation parameters. In an arrangement comprising a plurality ofcomputers connected to a network said plurality of computers includingat least one server, at least one buyer client computer and a pluralityof seller client computers, the method for providing commoditiesexchange services first provides a web-based browsable displaydescribing at least one commodities exchange service. The system thenreceives at least one request for quote from the buyer. The system thenreceives at least one quote from different sellers, wherein each quotemay have a different price and quantity listed. The system then comparesto one or more selected metrics, and normalizes the prices received fromthe different quotes, thus allowing the buyer to readily compare theprices of a number of commodity items having inherently differentvalues. In one embodiment, the system also provides a method formulti-value cross compilation of sales transactions, iterative quoteinformation, and metric data for purposes of evaluation and strategyanalysis.

Still other systems can provide a system where registered sellers canreceive an offer for an item from a registered buyer according tospecified rules.

For example, U.S. Pat. No. 5,794,207 to Walker discusses a method andapparatus for effectuating bilateral buyer-driven commerce. Prospectivebuyers of goods and services communicate a binding purchase offerglobally to potential registered sellers, each seller having an assignedID for maintaining anonymity for all transactions, for sellersconveniently to search for relevant buyer purchase offers, and forsellers potentially to bind a buyer to a contract based on the buyer'sanonymous purchase offer. In a preferred embodiment, the apparatusincludes a controller which receives binding purchase offers fromprospective registered buyers. The controller makes purchase offersavailable globally to potential registered sellers. Potential registeredsellers then have the option to accept a purchase offer and thus bindthe corresponding registered buyer to a contract.

However, limitations of trustworthiness, closed markets, and goodslimitations impair the known systems from achieving a highly effectivebuyer driven commerce system.

SUMMARY

An electronic negotiation system is set forth. The system includes afirst processor adapted to generate and send at least one unsolicitedelectronic offer from a registered buyer electronic device via asubscriber network device to at least one of a registered sellerelectronic device and a seller electronic device. The subscriber networkdevice is adapted for operative communication with the first processorand at least one of the registered seller electronic device and theseller electronic device adapted to receive the unsolicited electronicoffer.

The subscriber network device includes a data storage device for storingregistered user data for each registered seller electronic device. Thefirst processor selectively formulates screenshot information, whereinscreenshot information refers to information that is visible on orassociated with a seller URL, from a seller URL, in which theunsolicited electronic offer is selectively included and sent to theseller electronic device, or the at least one unsolicited electronicoffer is sent to the registered seller electronic device havingregistered user data stored in the data storage device. Seller data isselectively added to the registered user data stored in the data storagedevice, and wherein an electronic negotiation is executed directly,using the first processor and the registered seller electronic devicevia the subscriber network device.

The unsolicited electronic offer of the system can include a contingentoffer list having one or more items for which an offer is being made andone or more seller addresses. In this case each seller address can behidden from any other seller URL's, and the first seller to complete anegotiation cycle with the buyer completes the transaction and or allother offers are terminated.

In an embodiment, the subscriber network device is operatively coupledto an electronic payment gateway.

In another embodiment, the subscriber network device stores line itemdata from the electronic payment gateway to establish an integratedsite. Further, the subscriber network device can delete registered userdata from the data storage device for nonguaranteed sellers and fornon-renewed sellers.

In an embodiment, the processor is provided in the subscriber networkdevice, and the unsolicited electronic offer is generated based on atleast of voice and data input from a registered buyer having registereduser data stored in the data storage device.

In yet another embodiment, an application is downloaded into the firstprocessor from the subscriber network device to facilitate communicationbetween the first processor and the subscriber network device.

The registered seller electronic device can be at least one of verifiedand guaranteed by a trustworthy seller subscriber network device.

In the system, an agreed upon price can be contained in an electronicfinal offer that includes all terms, stated conditions, fees, taxes, andshipping charges, and wherein the final offer is generated during theelectronic negotiation executed directly, between the first processorand the registered seller electronic device via the subscriber networkdevice.

Further, the screenshot information of the system can be an image filegenerated at the seller URL.

In an embodiment, a method for generating and storing a fair marketvalue (FMV) for a good through a buyer subscription program in asubscriber network device using the electronic negotiation system is setforth. The method includes the steps of gathering information from anelectronic payment gateway, where the electronic payment gateway isoperatively connected to a subscriber network device; indexing andstoring the information in a sales data storage device of the subscribernetwork device; generating a fair market value for each item in the lineitem sales information using an application in operative communicationwith the subscriber network device; and storing the fair market valuefor the line item in the sales data storage device.

The method can further include the step of retrieving the fair marketvalue for the line item by a registered buyer or seller device.

The method can further include the step of generating a counter offer toan unsolicited electronic offer based on the fair market value.

A system constructed in accordance with the principles herein is setforth. The system includes a first processor adapted to generate andsend an unsolicited electronic offer based on a shopping list generatedby a registered buyer electronic device via a subscriber network deviceto a registered seller electronic device. The subscriber network deviceis adapted for operative communication with the first processor and theregistered seller electronic device is adapted to receive theunsolicited electronic offer. The subscriber network device includes adata storage device for storing registered user data for each registeredseller electronic device. The first processor selectively formulates ascreenshot from a seller URL in which the unsolicited electronic offeris selectively incorporated and sent to an unregistered sellerelectronic device, or the unsolicited electronic offer is sent to theregistered seller electronic device having registered user data storedin the data storage device. The seller data is selectively added to theregistered user data stored in the data storage device, and anelectronic negotiation is executed directly, using the first processorand the registered seller electronic device via the subscriber networkdevice.

In an embodiment of the system, the items in the shopping list can beselected from the group consisting of shopping items and services.

The subscriber network device can be operatively connected to a priceand offering search engine such as Nextag or Google Shopping.

The system can include a subscriber browser extension that is downloadedto the first processor.

Further, each registered seller electronic device of the system can beguaranteed by a third party.

In an embodiment, each registered seller electronic device is designatedas guaranteed in the data storage device.

The registered seller electronic device can return a final electronicoffer with at least one alternative item to at least one of the items onthe shopping list.

DESCRIPTION OF THE DRAWINGS

FIG. 1 illustrates an exemplary embodiment of a system constructed inaccordance with the principles herein.

FIG. 2 illustrates another embodiment of a system constructed inaccordance with the principles herein.

FIG. 3 illustrates yet another embodiment of a system constructed inaccordance with the principles herein.

FIG. 4 illustrates still another embodiment of a system constructed inaccordance with the principles herein.

FIG. 5 illustrates an exemplary flow chart describing an embodimentconstructed in accordance with the principles herein.

FIG. 6 illustrates another an exemplary flow chart describing anembodiment constructed in accordance with the principles herein.

FIG. 7 illustrates a sample screen of an exemplary embodimentconstructed in accordance with the principles herein.

FIG. 8 illustrates a list of an exemplary embodiment constructed inaccordance with the principles herein.

FIG. 9 illustrates another embodiment of a list having incorporatedresponse keys constructed in accordance with the principles of thepresent disclosure.

FIG. 10 illustrates yet another embodiment of a list having final offerprice entries constructed in accordance with the principles herein.

FIG. 11 (a)-(s) illustrates exemplary steps (a)-(w) of one embodiment ofa system constructed in accordance with the principles herein, whereinan unsolicited electronic offer includes incorporated information from aseller's webpage.

DETAILED DESCRIPTION

In an embodiment, a system 100 constructed in accordance with theprinciples of the present disclosure is shown generally in FIG. 1. Thesystem includes a first processor 120. The first processor 120 caninclude any suitable processor for generating and sending dataelectronically, such as a computer, mobile phone, PDA, gaming device, orany other suitable device, adapted to generate at least one unsolicitedelectronic offer from a registered buyer via, for example, a subscribernetwork program 140, wherein the subscriber network program isoperatively connected to a suitable electronic device, such as a server,or operatively connected to the first processor or other suitabledevice, to a seller device 160, such as a computer, mobile phone, PDA,gaming device or any other suitable device for receiving the at leastone unsolicited electronic offer.

The term “unsolicited electronic offer”, as referred to herein, means anoffer including items and terms created by the buyer for one or moreregistered or non registered online sellers for any items or servicesoffered by the registered or nonregistered sellers, wherein theunsolicited electronic offer is sent using the subscriber networkprogram discussed herein, and contains screenshot information, orinformation from the seller's webpage ranging from, for example, aslittle as a word, inventory or SKU number, to an image, to as much as animage of a complete webpage of the seller. The unsolicited electronicoffer, formulated in accordance with the principles herein, thus opensthe available goods to which a registered buyer can make an offer to allgoods sold and offered by any online seller. Conceptually, theunsolicited electronic offer turns every online store from performinglike a brick and mortar store to, via the unsolicited electronic offer,performing like a booth in a bazaar type online market, where everyonline store on the planet would now efficiently entertain and decidewhether to register if not previously registered in order to respond tooffers on their products, other than their listed retail price in theirown, same as before, storefront.

The subscriber network program can also be adapted to block selectedsellers who attempt to register to respond to an unsolicited electronicoffer, or to block transmission of an unsolicited electronic offer toselected seller addresses.

In an embodiment, a network subscriber device, such as a network server,is provided for updating and storing data for the network subscriberprogram. Stored information can then be updated, and stored programsoperatively connected to the first processor 120 can be selectivelyupdated by connecting to the network server.

In another embodiment, the network subscriber program is stored in anetwork subscriber server, and all interactions between the firstprocessor 120 and the seller device 160 take place through the networkserver. In yet another embodiment, encrypted algorithms are generated byat least one electronic device, such as the first processor 120 or theseller device 160, or a network subscriber server, for transmitting databetween the first processor 120 and the seller device 160. Contactinformation for the first processor need not be conveyed within theunsolicited electronic offer. Further, the network subscriber server canbe any suitable server, and can accommodate programs other than thenetwork subscriber program herein. Further, a transaction portion of thesubscriber program can take place, for example, utilizing “cloudcomputing” on the buyer or seller local computing device or mobilecomputing device, such as an iPhone.

In accordance with the principles herein, the buyer market is expanded,while computation and processing costs are reduced in comparison toknown systems, where all users, buyers and sellers, must pre-register inorder to participate in the services of the system. Not only do sellersnot have to be pre-registered, but also the system designed inaccordance with the principles herein allows for the viral growth ofregistered sellers, wherein buyers have no need for knowing what sellersare registered and what sellers are not registered, and whereinnon-registered sellers are invited to register based on the selection ofthe seller by registered buyers.

As illustrated in FIG. 2, a system shown generally at 200 can include atleast one of a registered seller electronic device 280 and a sellerelectronic device 260. A subscriber network device 240 is adapted toprovide operative communication between a first processor, or buyerelectronic device, 220 and the at least one of a registered sellerelectronic device 280 and a seller electronic device 260. The at leastone of a registered seller electronic device 280 and a seller electronicdevice 260 is adapted to receive the unsolicited electronic offer fromthe first processor 220.

The system 200 can include an interactive database provided in theSubscriber Network 240 for providing steps for registering a buyerand/or seller electronic device with the Subscriber Network 240. Theseller electronic device 260 can be registered, for example, via theSubscriber Network 240 of the interactive database. Once registered, theregistered seller electronic device 280 can submit an electronicacceptance or counteroffer to the registered buyer electronic device 220via the Subscriber Network 240. Where the unsolicited electronic offeris sent, for example, directly from the first processor 220 to theseller electronic device 260, a copy of the unsolicited electronic offercan be generated by the first processor 220 and sent to the subscribernetwork 240.

As shown in FIG. 3, yet another system shown generally at 300 can beconstructed in accordance with the principles herein. The subscribernetwork device, or Selsbuyer Subscriber Network (SSN), 310 can include,for example, a data storage device, shown generally at 320 for storingregistered user data, such as at least one of buyer profile data 330,seller profile data 340, transaction data 350, and guaranteed sellerdata 360 for each registered buyer electronic device 370, or registeredseller electronic device 380. Any other suitable data, such as generalterms of sale for a seller, can also be stored in the seller profiledata 340.

A seller electronic device 390 can register with the SSN 310 in anysuitable manner, such as by inputting data to the seller profile 340, oran indirect manor, such as, for example, by conveying the data viaphone, fax or any other available means such that required registrationdata may be stored in the Seller profile data 340. The guaranteed sellerdata storage 360 provides a substantial improvement over knownnegotiation systems, where a seller is not necessarily subject to thejurisdiction of the courts in the buyer's home country. Providing a wayof ensuring a level of trustworthiness of the seller offers a uniquebuilt-in buyer protection to deal with less well known sellers.

The guaranteed seller data storage 360 also overcomes jurisdictionalproblems recently faced in US Federal District Courts with internetcompanies subject to local jurisdiction, such as E-Bay™. The guaranteedseller data storage 360 can be operatively connected to or provided inthe SSN 310. Further, the guaranteed seller data storage 360 can beoperated by an independent vendor, such as an insurance company,secretary of state, chamber of commerce, local or national government,or other suitable business or organization.

Any suitable means for determining the trustworthiness of the seller canbe employed. For example, the seller can be registered with a localchamber of commerce, insured, or as a client of a guarantor. Theguarantor can include, for example, an independent vendor. Theguaranteed seller data storage 360 can include seller data, a programfor registering sellers, a seller database for a subscribed buyer'sreference, or any other suitable data.

The buyer profile data 330 can include a number of parameters, such asnumber of successful transactions, number of previous transactions witha specific seller, number of offers made on a desired item, or any otheruseful buyer data parameter.

The seller profile data 340 can include a number of parameters, such assuccessful transactions through the SSN 310, or any other suitableseller data parameter.

As illustrated in FIG. 4, an embodiment shown generally at 400 caninclude either a buyer electronic device 410 operatively connected to adownloaded Selsbuyer application program operating within the buyerelectronic device 410, or the Selsbuyer application program can beoperated on a server or computer operatively connected to the buyerelectronic device 410, as illustrated and discussed in detail below withrespect to FIG. 5. The Selsbuyer application program can include an itemdatabase 420 stored in communication with the Selsbuyer applicationprogram, for storing shopping items or other data that is useful to abuyer in operating the Selsbuyer application program. Alternatively,item database 420 could be item data generated by a shopping searchengine, such as NexTag, where items and seller information could beimported to the Selsbuyer application.

Additionally, the seller can operatively connect a seller item database460 to the Selsbuyer application program for storing information such asinvoice cost and inventory on hand, for items for sale, on which anoffer may be received. This will be particularly helpful for the sellerto process a completed transaction and fulfill the order.

In this embodiment, a signal incorporating an unsolicited electronicoffer 440 can be transmitted directly from the buyer electronic device410 to a seller electronic device 430, and the items for which the offeris being made can be selected from the item database 420. Alternatively,the buyer can shop offline using the item database 420, and submit anunsolicited electronic offer via SSN 450.

A method shown generally at 500 in FIG. 5 can be provided. In a firststep 505, a buyer can register with a subscriber network, such as aSelsbuyer Subscriber Network (SSN), such as, for example, by navigatingto www.selsbuyer.com and following the steps to register.

Alternatively, a registered buyer can sign, or log in, by navigating to,for example, www.selsbuyer.com, or by calling a phone number andentering a password. The buyer can then either shop online, asillustrated in step 510, or create a shopping list through the SSN,shown at step 515. A buyer shopping online can then add one or moreitems to a shopping cart, or similarly functioning online shoppingprogram, of a website, and select SSN extension to create an unsolicitedelectronic offer, or Selsbuyer, to the completed shopping cart at step520, as described in further detail below.

In an embodiment, the seller can opt to have their online shoppingprogram integrated with the Selsbuyer network, which would not require abrowser extension, such as a PDF of the sellers online shopping programwith selected items shown, to create the unsolicited electronic offer,and the unsolicited electronic offer can be submitted directly via asubmit button or other similar button on the integrated online shoppingprogram webpage.

Alternatively, the buyer can create a shopping list through, forexample, a shopping list tab provided within or operatively connected tothe SSN at step 515. The buyer can then enter an online address, or URL,of one or more sellers whom the buyer wants to transmit the list ofitems and offered price, as shown at step 525.

Once the buyer has completed step 520 or step 525, the SSN determinesif, based on the seller URL, or other unique identifier of the seller,the seller is registered with the SSN, as shown at step 530. If the SSNdetermines that the seller is not registered, the SSN captures the baseURL of the seller's website, and can add, for example, info@ to the baseURL, or sales@ to the base of the URL, or any other suitable identifierfor contacting the seller, as shown at step 535. The buyer can thenconfirm in step 540 that, for example, info@sellerURL.xyz, where x, y,and z are variables, appears to be a valid general email address for theseller at step 540. Next, the buyer enters the value of theirunsolicited electronic offer, or Selsbuyer, confirms, and submits to theSSN at step 545. The SSN then transmits the Selsbuyer to the seller atstep 550. Once the seller receives the Selsbuyer, shown at step 555, hecan choose to register with Selsbuyer, as shown at step 560 if he is notalready registered. When he contacts the SSN, the SSN determines if theseller is registered or not, as shown at step 565. The seller can alsoend the process by not registering with the SSN, as shown at step 570.

If the seller is registered or registers, information can then beentered regarding the seller response to the Selsbuyer, as shown at step575. For example, the seller can accept the complete offer or a portionof the complete offer, accept payment, process and fulfill the offer, asshown at step 580.

The SSN can then process a charge to, for example, the seller, thebuyer, or an advertiser, or any other suitable party for facilitatingthe completed transaction, as shown at step 585.

The seller can take a number of alternative steps, such as making acounter offer 591, making a counter offer with alternative items 592,rejecting the offer 593, which terminates the offer, or ignoring theoffer 594, in which case the offer will expire after a predeterminedtime period. Any time period can be chosen as the expiration time for anoffer, and if so desired can be incorporated into the Selsbuyer programas a set default or a selectable parameter. If the seller chooses tomake a counter offer, he must first register if he is not alreadyregistered. The seller can then make a counter offer or a counter offerwith alternate items, then an email is generated at step 595 containingthe seller's final offer and is sent to the buyer. The buyer thenchooses at step 596 to accept or reject the seller's counter offer 595.If an offer, made by the buyer or the seller, is ever rejected orterminates, notice will be sent to the offeror 597. If the selleraccepts the buyers offer or if the buyer accepts the seller's counteroffer 595, then the seller is paid at step 580, such as, for example, bya secured website, or any other suitable payment method, and a fee ischarged for the completed transaction at 585. Otherwise, the counteroffer terminates.

In another embodiment illustrated in FIG. 6, a third party, such as aninsurance company, governmental body, better business bureau, or anyother suitable third party, including an operator for a Selsbuyernetwork, can guarantee the seller at step 620 if the seller has selectedguaranteed seller designation at step 600 in the registration processand then registers at 610 as a guaranteed seller. This embodiment allowsbuyers to use Selsbuyer to purchase goods from less known or unknownsellers with an option to discriminate about the willingness of thattype of seller to submit to local jurisdiction or to offer somereasonable recourse for a buyer in the event of a breach of terms ormisrepresentation of the product of the seller. Whether the sellerchooses to register as a guaranteed seller or not, the seller completesthe registration process at step 610.

In yet another embodiment illustrated in FIG. 7, the Selsbuyer programcan include a seller admin screen, shown generally at 700. This screenallows the seller to accept a transaction at 710, reject a transactionat 720, or make a final offer at 730. Further, the seller can have alink to report information 740, such as buyer history, time periodhistory, counter offer matrix, final offer matrix, and/or reportannoying user, provided on the seller admin screen to assist hisdecision regarding the transaction. Similarly, a buyer admin screen canbe provided, and can include features such as the exemplary featuresshown on the seller admin screen 700, or any other suitable features tohelp facilitate the transaction.

In still another embodiment illustrated in FIG. 8, a list including oneor more items, shown generally at 800, can be created in accordance withthe principles herein in either an online or an offline setting.

The list can include desired items selected from, for example, shoppingitems, services, hotels, rental car, flight, and the like. To facilitatean organized shopping experience, tabs, such as tabs 810-850 can beprovided to keep the subject matter of the list sorted by selectedgeneral classes. The tabs 810-850 shown in FIG. 8 are exemplary, andcould be targeted to a specific market. For example, the program couldbe tailored for an auto parts purchaser, and the tabs could indicatevarious car manufacturers.

A buyer can type in or import seller URL's to submit an offer for one ormore items indicated on the list. A buyer using an offline Selsbuyerprogram can then connect the program to a communication link, such asthe internet, to transmit the shopping list Selsbuyer, or can connect toa communication link, such as the internet, to transmit the shoppinglist to a Selsbuyer network server device, or SSN.

In an embodiment, if a buyer makes an offer to several sellers, thetransaction of at least one item will be completed when the buyer orfirst accepting seller accepts the offer on the one or more items.

As illustrated in another embodiment shown generally at 900 in FIG. 9,the Selsbuyer program can generate response keys and embed them on acompleted shopping list, such as the list illustrated in FIG. 8, beforetransmitting to a seller.

Examples of suitable embedded response keys can include, but are notlimited to, for example, an accept key 910, a final offer key 920, analternative key, for offering alternate products, 930, or any othersuitable key, such as a partial acceptance key, or any other suitablekey. As an alternative, these keys and similar response station asrepresented in FIG. 9 may be accessed by the seller by logging into theseller admin screen and selecting at least one offer.

FIG. 10 further illustrates how a completed seller counter offer mightappear, where the seller has both made a counter offer to the buyer andaltered the shopping list based on inventory or any other reason. Here,the seller has entered counter offer.

Data 1000 for the price of, for example, a pair of Sneaky Shorts™ andhas crossed out the digital camera data from 1010, which adjusts theprice at total data 1020.

As illustrated in FIG. 11( a), a buyer can visit a seller's websitewithout registering or installing a system constructed in accordancewith the principles herein. If the buyer chooses to install a systemconstructed in accordance with the principles herein, then, for example,in one embodiment of a system constructed in accordance with theprinciples herein, the browser at the website shown in FIG. 11( a) willinclude a Counter Offer button 1100, as illustrated in FIG. 11( b), orany other suitable toolbar item or user interface to initiate thecounter offer, such as, for example, a box, icon, dialogue box, or anyother suitable visual button or pull down menu selection. Further, abutton 1110 can be provided, or any other suitable box, button, userinterface or pull down menu, for generating an unsolicited electronicoffer, such as, for example, the unsolicited electronic offer 1120 viathe system herein. As illustrated in FIG. 11( c), the unsolicitedelectronic offer 1120, can be sent to an unregistered seller bycapturing, for example, the base URL of the site, and generating amessage to at least one of general commonly used email addresses, forexample, sales@ the base URL or info@ the base URL, as illustrated at1130. Other methods of capturing seller contact information from theseller's website, by the buyer, or other trusted site for storing theinformation, can be utilized to generate the message. In this manner, anunregistered seller can receive a counter offer 1130 from a registeredbuyer. Similarly, a registered seller counter offer can be generated fora registered seller, such as offer 1140 including, for example, price,payment type, and shipping method, or any other suitable offerparameters, as shown in FIG. 11( d).

A screen can then be presented offering editing options to confirm theinformation displayed in the counter offer 1140, as illustrated in FIG.11( e). The screen can include, for example, a suitable display box1150, or icon, voice activated, text input confirmation, or any othersuitable confirmation to confirm the counter offer submission. Asillustrated in FIG. 11( f), an email, text message, or other suitablemessage, such as, for example, email 1160 can then be generated totransmit the unsolicited electronic offer 1140, and can set forthinformation, such as, for example, a transaction ID, counter offerprice, and links to respond to the unsolicited electronic offer 1140.The unsolicited electronic offer 1140 can include information, referredto herein as screenshot information, from the seller's website, such as,for example, an inventory number, item name, item graphic or picture, oreven an entire screenshot of the seller's webpage as illustrated, forexample, with a screenshot 1170(a) and (b), shown in FIGS. 11( g) and11(h), incorporated in, for example, the unsolicited electronic offer1140, as shown in FIG. 11( i) at 1170(c).

As illustrated in FIG. 11( j), the network subscriber program, orSelsby, can include, for example, any suitable login screen 1180 andsuitable registration links 1190. Once a registered seller is logged in,or if an unregistered seller, in one embodiment, a seller can register,by filling in a suitable form, such as form 1192 in FIG. 11( k). Onceregistered, a suitable administration screen can be provided for aregistered seller, such as, for example, a seller admin screen 1194illustrated in FIG. 11( l). In an embodiment, a seller can then counterwith a final offer 1196, as shown in FIG. 11( m), and confirm and submitthe final offer using, for example, a submit final offer button 1198 asillustrated in FIG. 11( n). The final offer 1196 can then be generatedand sent to the buyer as illustrated, for example, in FIGS. 11( o), (p),and (q). A buyer can register, for example, as illustrated in FIG. 11(r) prior to initiating a shopping and offer session. In an embodiment,the buyer can also be provided with a buyer admin screen 1199 asillustrated, for example, in FIG. 11( s).

The embodiments described and shown are for purposes of illustrationonly, and are not to be construed as constituting any limitations of thedisclosure. Modifications will be obvious to those skilled in the art,and all modifications that do not depart from the spirit of thedisclosure are intended to be included within the scope of the appendedclaims. Those skilled in the art will appreciate that the conceptionupon which this disclosure is based, may readily be utilized as a basisfor the designing of other structures, methods and systems for carryingout the several purposes of the present disclosure. It is important,therefore, that the claims be regarded as including such equivalentconstructions insofar as they do not depart from the spirit and scope ofthe present disclosure.

The concepts herein reside not in any one of these features per se, butrather in the particular combinations of some or all of them hereindisclosed and claimed and it is distinguished from the prior art inthese particular combinations of some or all of its structures for thefunctions specified.

With respect to the above description then, it is to be realized thatthe optimum dimensional relationships for the parts of the disclosure,including variations in size, materials, shape, form, function andmanner of operation, assembly and use, and all equivalent relationshipsto those illustrated in the drawings and described in the specification,that would be deemed readily apparent and obvious to one skilled in theart, are intended to be encompassed by the present disclosure.

Therefore, the foregoing is considered as illustrative only of theprinciples of the disclosure. Further, since numerous modifications andchanges will readily occur to those skilled in the art, it is notdesired to limit the disclosure to the exact construction and operationshown and described, and accordingly, all suitable modifications andequivalents may be resorted to, falling within the scope of thedisclosure.

I claim:
 1. An electronic negotiation system comprising: a firstprocessor adapted to generate and send at least one unsolicitedelectronic offer from a registered buyer electronic device via asubscriber network device to at least one of a registered sellerelectronic device and a seller electronic device, the subscriber networkdevice adapted for operative communication with the first processor andat least one of the registered seller electronic device and the sellerelectronic device adapted to receive the unsolicited electronic offer;and the subscriber network device including a data storage device forstoring registered user data for each registered seller electronicdevice; wherein the first processor selectively incorporates screenshotinformation from a seller URL in which the unsolicited electronic offeris selectively incorporated and sent to the seller electronic device, orthe at least one unsolicited electronic offer is sent to the registeredseller electronic device having registered user data stored in the datastorage device; and wherein seller data is selectively added to theregistered user data stored in the data storage device, and wherein anelectronic negotiation is executed directly, using the first processorand the registered seller electronic device via the subscriber networkdevice.
 2. A system as claimed in claim 1, wherein the unsolicitedelectronic offer includes a contingent offer list having one or moreitems for which an offer is being made and one or more seller addresses,wherein each seller address can be hidden from any other seller URL's,and wherein the first seller to complete a negotiation cycle with thebuyer completes the transaction and or all other offers are terminated.3. A system as claimed in claim 1, wherein the subscriber network deviceis operatively coupled to an electronic payment gateway.
 4. A system asclaimed in claim 3, wherein the subscriber network device stores lineitem data from the electronic payment gateway to establish an integratedsite.
 5. A system as claimed in claim 4, wherein the subscriber networkdevice deletes registered user data from the data storage device fornonguaranteed sellers and for non-renewed sellers.
 6. A system asclaimed in claim 1, wherein the processor is provided in the subscribernetwork device, and wherein the unsolicited electronic offer isgenerated based on at least on of voice and data input from a registeredbuyer having registered user data stored in the data storage device. 7.A system as claimed in claim 1, wherein an application is downloadedinto the first processor from the subscriber network device tofacilitate communication between the first processor and the subscribernetwork device.
 8. A system as claimed in claim 7, wherein theregistered seller electronic device is at least one of verified andguaranteed by a trustworthy seller subscriber network device.
 9. Asystem as claimed in claim 1, wherein an agreed upon price contained inan electronic final offer includes all terms, stated conditions, fees,taxes, and shipping charges, and wherein the final offer is generatedduring the electronic negotiation executed directly, between the firstprocessor and the registered seller electronic device via the subscribernetwork device.
 10. A system as claimed in claim 1, wherein thescreenshot information is an image file generated at the seller URL. 11.A method for generating and storing a fair market value (FMV) for a goodthrough a buyer subscription program in a subscriber network deviceusing the electronic negotiation system of claim 1, comprising the stepsof: a) gathering information from an electronic payment gateway, theelectronic payment gateway operatively connected to a subscriber networkdevice; b) indexing and storing the information in a sales data storagedevice of the subscriber network device; c) generating a fair marketvalue for each item in the line item sales information using anapplication in operative communication with the subscriber networkdevice; and d) storing the fair market value for the line item in thesales data storage device.
 12. A method as claimed in claim 11, furthercomprising the step of retrieving the fair market value for the lineitem by a registered buyer or seller device.
 13. A method as claimed inclaim 12, further comprising the step of generating a counter offer toan unsolicited electronic offer based on the fair market value.
 14. Asystem comprising: a first processor adapted to generate and send anunsolicited electronic offer based on a shopping list generated by aregistered buyer electronic device via a subscriber network device to aregistered seller electronic device, the subscriber network deviceadapted for operative communication with the first processor and theregistered seller electronic device adapted to receive the unsolicitedelectronic offer; and the subscriber network device including a datastorage device for storing registered user data for each registeredseller electronic device; wherein the first processor selectivelyformulates a screenshot from a seller URL in which the unsolicitedelectronic offer is selectively incorporated and sent to an unregisteredseller electronic device, or the unsolicited electronic offer is sent tothe registered seller electronic device having registered user datastored in the data storage device; and wherein seller data isselectively added to the registered user data stored in the data storagedevice, and wherein an electronic negotiation is executed directly,using the first processor and the registered seller electronic devicevia the subscriber network device.
 15. A system as claimed in claim 14,wherein the items in the shopping list are selected from the groupconsisting of shopping items and services.
 16. A system as claimed inclaim 15, wherein the subscriber network device is operatively connectedto a price and offering search engine such as Nextag or Google Shopping.17. A system as claimed in claim 16, wherein a subscriber browserextension is downloaded to the first processor.
 18. A system as claimedin claim 14, wherein each registered seller electronic device isguaranteed by a third party.
 19. A system as claimed in claim 15,wherein each registered seller electronic device is designated asguaranteed in the data storage device.
 20. A system as claimed in claim14, wherein the registered seller electronic device returns a finalelectronic offer with at least one alternative item to at least one ofthe items on the shopping list.